Ethiopian Business Review

Public procurement has long been a subject of discord in Ethiopia. While other developing countries have managed to use public procurement as an avenue for growth, the procurement system in Ethiopia seems to have become a hotbed of corruption. The arrests of almost 100 government officials to do with mega projects threw the issue further into the public eye. But now, there has been a push to reform the procurement regulations and address the gaps that created an opportunity for improper conduct. EBR’s Ashenafi Endale reports.

Saturday, 16 February 2019 06:00
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The Fate of the Hotel Industry After Turmoil

The hotel industry in Ethiopia has been reeling over the last couple of years, following political unrest in various parts of the country, and a drop in tourist numbers. Room occupancy rates dropped, and hotels found themselves losing money hand over fist. But now the industry is starting to revive, as political stability returns to the country. EBR’s Ashenafi Endale spoke with some in the industry to find out what’s next for hospitality in Ethiopia.

Saturday, 16 February 2019 06:00
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With our Cars customers have Peace of Mind

Marathon Motors, established in 2009, is the leading importer of Hyundai brand cars into Ethiopia. Recently, after extensive talks and collaboration with Hyundai Korea, the importer opened a car assembly plant in the country with an investment of half a billion birr. The first cars rolled off the line in October 2018. Even though production has been relatively slow so far, the plant has a full production capacity of 36 cars a day. Hyundai and Marathon are making cars available to the Ethiopian market that have been specifically engineered for the country’s climate, altitude and driving conditions, without compromising safety features. However, Marathon’s journey to building the plant, and indeed the whole company, has not been an easy one. Their path has been dogged by issues of electricity provision, government support and foreign currency shortages, as have many businesses in the country. The Company’s founding CEO & Managing Director, Melkamu Assefa, discusses the decade journey of the company and the brand he represents.

Friday, 15 February 2019 03:00
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